Executive remuneration. The Tate & Lyle PLC case study

Inhaltsverzeichnis (Table of Contents)

• 1 Literature Review
  • 1.1 Corporate Governance Code evolution
  • 1.2 Current Regulations, Reforms and Developments of the Corporate Governance Code 2012
  • 1.3 Academic Literature Review
  • 1.4 Summary
• 2 The Tate and Lyle plc. and competitor case study
• 2.1 Tate and Lyle plc. overview
• 2.2 Analysis of Tate and Lyle plc. position
• 2.3 Overview over Associated British Foods plc. position
• 2.4 Comparison
• 2.5 Evaluation against literature
• 2.6 Summary
• 3 Summary of findings
• 3.1 Final summary of achievement of structure and aim from introduction
• 3.2 Final conclusion and recommendations

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This report examines the issue of executive remuneration and its alignment with company performance. The study focuses on Tate & Lyle plc. and its main competitor, Associated British Foods plc., to provide a practical perspective on the topic. The analysis delves into the evolution of the UK Corporate Governance Code and its impact on executive remuneration practices. The report also explores key themes from academic literature concerning executive compensation, including pay-for-performance, the role of remuneration consultants, and the internal structure of remuneration packages.

• Corporate Governance Code Evolution
• Executive Remuneration Practices
• Pay-for-Performance Alignment
• The Role of Remuneration Consultants
• Internal Structure of Remuneration Packages

Zusammenfassung der Kapitel (Chapter Summaries)

Chapter 1 presents a comprehensive review of the UK Corporate Governance Code, tracing its evolution from the Cadbury Report to the 2012 Code. The chapter examines key developments, regulations, and reforms influencing executive remuneration practices over time. The analysis also explores relevant academic literature regarding executive compensation structures, pay-for-performance linkage, and the role of remuneration consultants.

Chapter 2 delves into a case study of Tate & Lyle plc. and Associated British Foods plc., comparing their financial performance and executive remuneration packages. The analysis includes ratio analysis, a review of remuneration reports, and a detailed comparison of CEO and CFO compensation. The chapter concludes by evaluating the findings in light of the literature review.

Schlüsselwörter (Keywords)

The key themes of this report revolve around executive remuneration, corporate governance, pay-for-performance alignment, remuneration consultants, and the internal structure of compensation packages. It utilizes case studies of Tate & Lyle plc. and Associated British Foods plc. to investigate these key concepts within the context of UK Corporate Governance Code regulations and academic research findings.